2,162 Shares in Morgan Stanley (NYSE:MS) Acquired by Osborne Partners Capital Management LLC

Osborne Partners Capital Management LLC acquired a new stake in Morgan Stanley (NYSE:MS) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 2,162 shares of the financial services provider’s stock, valued at approximately $225,000.

Several other large investors also recently bought and sold shares of the company. Bayesian Capital Management LP acquired a new stake in shares of Morgan Stanley during the first quarter worth approximately $2,660,000. Resonant Capital Advisors LLC lifted its stake in Morgan Stanley by 17.8% during the second quarter. Resonant Capital Advisors LLC now owns 5,768 shares of the financial services provider’s stock worth $561,000 after purchasing an additional 871 shares during the last quarter. Cetera Investment Advisers lifted its stake in Morgan Stanley by 115.0% during the first quarter. Cetera Investment Advisers now owns 223,668 shares of the financial services provider’s stock worth $20,305,000 after purchasing an additional 119,633 shares during the last quarter. AIA Group Ltd lifted its stake in Morgan Stanley by 96.6% during the first quarter. AIA Group Ltd now owns 33,598 shares of the financial services provider’s stock worth $3,164,000 after purchasing an additional 16,507 shares during the last quarter. Finally, Swedbank AB bought a new position in Morgan Stanley during the first quarter worth $87,558,000. Institutional investors and hedge funds own 84.19% of the company’s stock.

Morgan Stanley Stock Performance

Morgan Stanley stock opened at $116.88 on Friday. The company has a debt-to-equity ratio of 2.96, a current ratio of 0.78 and a quick ratio of 0.78. The stock has a fifty day moving average price of $105.34 and a two-hundred day moving average price of $100.22. Morgan Stanley has a 52-week low of $69.42 and a 52-week high of $121.45. The firm has a market capitalization of $189.95 billion, a P/E ratio of 17.79, a P/E/G ratio of 1.10 and a beta of 1.36.

Morgan Stanley Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, November 15th. Stockholders of record on Thursday, October 31st will be issued a dividend of $0.925 per share. This represents a $3.70 annualized dividend and a dividend yield of 3.17%. The ex-dividend date of this dividend is Thursday, October 31st. Morgan Stanley’s payout ratio is presently 56.32%.

Insider Transactions at Morgan Stanley

In other news, Director Stephen J. Luczo sold 60,000 shares of the stock in a transaction on Thursday, October 17th. The stock was sold at an average price of $119.17, for a total transaction of $7,150,200.00. Following the sale, the director now owns 138,363 shares in the company, valued at approximately $16,488,718.71. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.24% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have issued reports on MS. BMO Capital Markets raised their target price on Morgan Stanley from $116.00 to $118.00 and gave the company an “outperform” rating in a research note on Thursday, July 18th. Royal Bank of Canada lifted their target price on Morgan Stanley from $108.00 to $122.00 and gave the stock a “sector perform” rating in a report on Thursday, October 17th. Wells Fargo & Company lifted their target price on Morgan Stanley from $95.00 to $107.00 and gave the stock an “underweight” rating in a report on Thursday, October 17th. Evercore ISI lifted their target price on Morgan Stanley from $105.00 to $115.00 and gave the stock an “outperform” rating in a report on Wednesday, July 17th. Finally, The Goldman Sachs Group lifted their price target on Morgan Stanley from $106.00 to $121.00 and gave the stock a “neutral” rating in a research note on Thursday, October 17th. One investment analyst has rated the stock with a sell rating, ten have given a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, Morgan Stanley has an average rating of “Hold” and a consensus target price of $109.24.

About Morgan Stanley

Morgan Stanley, a financial holding company, provides various financial products and services to corporations, governments, financial institutions, and individuals in the Americas, Europe, the Middle East, Africa, and Asia. It operates through Institutional Securities, Wealth Management, and Investment Management segments.